The Higher Time Frame Strat Indicator is a tool that helps traders visualize and analyze price action from a higher timeframe (HTF) on their current chart. It applies the Strat method, a trading strategy focused on identifying key price action setups by observing how current price bars relate to previous ones. This helps in understanding the market's structure and...
The Dynamic Touch Trendlines (DTT) indicator automatically draws and manages trendlines on your chart, helping traders identify key support and resistance levels. What sets the DTT indicator apart from other trendline indicators is its ability to let traders customize the number of touches required to validate a trendline. This flexibility allows you to...
The Pivot Data Indicator is designed to provide traders with valuable insights by identifying and analyzing pivot points on the price chart. It calculates both pivot highs and lows, then presents detailed statistics on the distance and time between these pivots. a pivot point is defined as a specific point on the chart where the price either reaches a high or a...
Displacement refers to a significant and forceful price movement that indicates a potential shift in market sentiment or trend. Displacement is characterized by a strong push in price action, often seen after a period of consolidation or within a trending market. It is a key concept used to identify the strength of a move and to confirm the direction of the...
The "Hourly Ranges" indicator is designed to track and visualize the price ranges for each hour of the trading day. It calculates the difference between the high and low prices, as well as the differences between the high and open, and the open and low prices for each hourly candle. This data is stored and used to draw range lines on the chart. This indicator...
The Candles Fib indicator is designed to help traders find potential levels of support and resistance based on ATR and Fibs. How the Indicator Works Identification of Large Candles: 🔹The indicator begins by identifying "large candles" based on their size relative to the Average True Range (ATR). 🔹 ATR (Average True Range) : ATR is a technical analysis...
The Session Countdowns indicator is a powerful tool designed for traders who want to keep track of multiple trading sessions throughout the day. This indicator allows users to customize and monitor up to four different trading sessions with real-time countdowns until the session starts and ends. Customizable Sessions: Define up to four trading sessions with...
Inducement refers to a market manipulation tactic where large institutions or "smart money" create price movements that induce or lure retail traders into taking positions that are ultimately unfavorable. This concept is based on the idea that the market is moved by institutional traders who have the power and capital to manipulate prices to their...
The Session VWAPS indicator is a designed for traders to enhance their trading analysis by incorporating Volume Weighted Average Price (VWAP) anchored to custom-defined trading sessions. This indicator automatically plots VWAPs at three critical points of a user defined session: 🔹session start 🔹session high 🔹session low Additionally, it provides the option...
The GMMA Toolkit is designed to leverage the principles of the Guppy Multiple Moving Average (GMMA). This indicator is equipped with multiple features to help traders identify trends, reversals, and periods of market compression. The Guppy Multiple Moving Average (GMMA) is a technical analysis tool developed by Australian trader and author Daryl Guppy in the late...
In technical analysis, an "Expectation Breaker" refers to a market event where price action defies typical patterns and anticipated movements, signaling potential shifts in market sentiment and direction. This indicator looks to take advantage of these opportunities by identifying 2 types of Expectation Breakers: Downside Reversal Buybacks and Upside Reversal...
The Double FVG BPR Indicator is a versatile tool that helps traders identify potential support and resistance levels through the concept of balanced price ranges. A Balanced Price Range (BPR) is a zone on a price chart where the market has found equilibrium after a period of price imbalance. It is identified by detecting a Fair Value Gap (FVG) in one...
The Wyckoff Springs indicator is designed to identify potential bullish reversal patterns known as "springs" in the Wyckoff Method. A Wyckoff spring occurs when the price temporarily dips below a support level, then quickly rebounds, suggesting a false breakdown and a potential buying opportunity. How it works: Pivot detection: The indicator identifies...
The Average Session Range or ASR is a tool designed to find the average range of a user defined session over a user defined lookback period. Not only is this indicator is useful for understanding volatility and price movement tendencies within sessions, but it also plots dynamic support and resistance levels based on the ASR. The average session range is...
"ATR by Time" incorporates time-specific volatility patterns by calculating the Average True Range (ATR) over a customizable period and comparing it to historical ATR values at specific times of the day. The Average True Range (ATR) is a popular technical indicator that measures market volatility by decomposing the entire range of an asset price for that...
Introducing the Consolidation VWAP's Indicator , a powerful tool designed to identify consolidation periods in stock advance and automatically anchor three distinct VWAPs to key points within the consolidation. Consolidation Period Identification: The indicator automatically detects periods of consolidation or areas on the chart where a stock's price moves...
The Phaser indicator is a tool to help identify inflection points by looking at price relative to past prices across multiple timeframes and assets. Phase 1 looks for the price to be higher or lower than the closing price of the bar 4 bars earlier and is complete when 9 consecutive bars meet this criterion. A completed Phase 1 is considered perfect when the...
The Market Forecast With Signals Indicator is an upgraded version of the popular ThinkorSwim platforms Market Forecast. This upgraded version utilizes stochastic oscillators, moving averages, and momentum calculations to find potential buying and selling opportunities. Stochastic Oscillator The indicator calculates three variations of the Fast Stochastic...